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2 days ago
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Seattle woman's husband hides piles of cash from her and spontaneously bought a boat — what really worries Dave Ramsey
Jenn from Seattle had long felt something was off with the joint finances she shared with her husband. But things came to a head when he withdrew around $4,000 from their shared account and surprised her with an unexpected and costly anniversary gift: a cabin cruiser boat. That prompted her to dig deeper. What she found was even more concerning: a stash of $15,000 in cash hidden in his closet. When she confronted him, he didn't seem to think it was a big deal. 'He said, 'I thought I was doing something good. I put money away,' Jenn told Dave Ramsey on The Ramsey Show. Ramsey and co-host Dr. John Delony didn't find his behavior acceptable — and they didn't hold back. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how What Jenn discovered, and how Ramsey responded Jenn explained that her concerns began about three years ago, after their 20th anniversary. Her husband withdrew a large sum from their joint account, and she later discovered it went toward buying a boat, a gift she hadn't asked for, with monthly payments she hadn't agreed to. From there, Jenn noticed the joint account never grew. Her suspicions led her to the $15,000 hidden 'closet cash' stash. Jenn said the money secrecy felt deceptive, especially given other problems in their relationship, including her husband's struggle with alcohol. Delony cut to the emotional core: 'The biggest issue here is that you don't believe his answer,' said Delony. Ramsey pointed out that money isn't really the only problem — it's the lack of trust and transparency in their relationship: 'He feels nagged about the alcohol. He feels nagged… and he thinks you spend too much, and so he squirreled money away,' said Dave Ramsey. Ramsey urged the couple to seek marriage counseling, and, if they are going to move forward, to make a plan and stick to it: 'You're going to have one freaking account and both of you are going to do one budget and you're both going to be in agreement on everything that goes out of this house,' said Ramsey. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Root causes of financial infidelity Financial infidelity is when one partner lies about or hides financial information from the other. It can take many forms: secret bank accounts, hidden cash, undisclosed debt or large purchases made without consent. And it's more common than you might think. According to a recent survey by Bankrate, 42% of U.S. adults who are married or living with a partner have kept a financial secret from their significant other. Common reasons behind financial infidelity include: Fear of judgment: Avoiding criticism about spending or financial mistakes Control or power struggles: Using money as a form of dominance in the relationship Past financial trauma: Trying to feel secure by secretly saving or hoarding money Breakdown in communication: Avoiding hard conversations by simply hiding the truth What to do if it happens to you If you discover financial secrets in your relationship, don't panic, but take action. Get the full financial picture: Request access to all shared accounts, liabilities, and assets. Initiate a calm but direct conversation: Ask open-ended questions like, 'Can you walk me through why you made these financial choices?' Work through the breach: Depending on the severity, consider working with a financial advisor, mediator or couples therapist. Make a shared plan moving forward: Create a joint budget, agree to full financial transparency, set regular check-ins to review finances together and if needed, protect yourself: If trust is irreparable, consult a lawyer or financial expert to separate accounts and start fresh. Jenn's story is an extreme example, but it's one that resonated with many listeners. As Ramsey pointed out, it's not just about the $15,000 or the boat, it's about trust. Whether the relationship survives or not, the first step is acknowledging the truth and deciding whether you're both willing to rebuild, financially and emotionally. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-07-2025
- Business
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A Dave Ramsey Caller Has $125K Saved And Earns $150K Annually. But She's Being Told She Shouldn't Buy A Home Without A Man
A recent call on 'The Ramsey Show' featured a young woman who shared that she's facing pressure not to buy a home, simply because she's single. Kate, a marketing professional in her early 20s from Michigan, called in to ask Dave Ramsey for advice. Despite earning more than $150,000 a year and having $125,000 saved for a down payment on her first home, she said people around her are discouraging her from buying. 'A lot of people around me are pressuring me to not buy a home,' Kate said. She explained that the pressure comes from what she described as Christian beliefs that 'girls shouldn't buy a home and men should be providers.' Don't Miss: The average American couple has saved this much money for retirement —? $100k+ in investable assets? – no cost, no obligation. Ramsey did not hold back. 'Leave the cult,' he said flatly. 'That is not a Christian belief, darling. That's a cult belief.' Co-host John Delony added, 'Leave whatever madness and misrepresentation of Christian beliefs and ethics and right and wrong immediately.' The veteran personal finance host emphasized that true Christian faith does not align with what Kate is being told. 'You make the rest of us that love Jesus look like we're morons because you're a moron when you do stuff like this,' Ramsey said. 'That's just nuts.' Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — Ramsey became visibly frustrated with the idea that someone so financially capable would be discouraged based on outdated and toxic views. 'I hate bad doctrine and bad theology and how it affects people when they get in toxic situations. I'm sorry, darling, your mother and father have misled you.' Delony added that beliefs like this often come from men who feel threatened. 'You know who says this crap? Men who are afraid of losing control of amazing women like this. So they take their insecurity and fear and try to duct tape Jesus on the top of it to keep their crumbling kingdoms from coming out from under them.''They're not as smart and ambitious, and they don't have as much get up and go,' Ramsey interjected. Their advice to Kate was simple: buy the house and keep being exceptional. "I would advise my daughter to buy a house with the $125,000 she has saved as a down payment," Delony said. Ramsey added, "And keep being the studette that you are and hope that some guy is lucky enough to even catch your eye." He closed with encouragement: 'Kate, you're an absolutely incredible human being. Go shine, girl.' Read Next: Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article A Dave Ramsey Caller Has $125K Saved And Earns $150K Annually. But She's Being Told She Shouldn't Buy A Home Without A Man originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
12-07-2025
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Dave Ramsey's 'Shortest Call in Show History' Came From a 20-Year Listener With $211K Cash and a Mortgage — You Can Probably Guess What He Said
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When you see a video titled "This Is the Shortest Call in Ramsey Show History," you expect chaos — a prank, a hang-up, maybe someone trying to sell Dave on Bitcoin. But this call wrapped up fast for one reason: the guy already knew the answer. Chad from Augusta, Georgia, finally dialed in after 20 years of loyal listening. His question was simple, but the stakes were high. "I have a mortgage just about ready to pay it off," Chad said. "I'm a real estate agent and... it's a big chunk. I think I'm there, but I'm looking for maybe a final confirmation." The man had $211,000 in cash and a $95,000 mortgage. He wasn't debating a new car or flirting with meme stocks — just wondering if he should write the check. Don't Miss: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. $100k+ in investable assets? – no cost, no obligation. Dave Ramsey didn't miss a beat. "Good Lord. Pay it off today," he said. "What are you doing? You don't need to think about this." And that was that. Even co-host John Delony didn't get a syllable in. The clip, posted to YouTube under its now-famous title, clocks in at barely a minute — and it's racked up over 1.3 million views. To be fair, unloading $95,000 in one shot isn't something most people do lightly. That's nearly half of Chad's liquid savings. The mortgage payments might be manageable. The market might look tempting. And with an unpredictable income like real estate, holding back a little cash can feel like a safety net. Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. But that's not how Ramsey rolls. "You knew what I was going to say," he told Chad. It was a mic-drop moment — not because it was surprising, but because it was so unapologetically Ramsey. No hedge, no hand-holding. Just facts and finality. Some viewers called the call "oddly satisfying." Others said it's why they've listened for decades: Ramsey keeps it simple and doesn't dance around what he believes. Of course, not everyone agrees with the math. If Chad had paid off the mortgage and invested the remaining $116,000 in an S&P 500 index fund at 7%, he could've earned around $8,120 in a year. A 5% CD? That's $5,800. Meanwhile, if his mortgage rate was 3% — a common figure from the past few years — he'd only be saving about $2,850 in interest. But Ramsey's never claimed to be chasing yield. His philosophy is emotional, not just financial. No payments means no stress, and no stress means freedom. As he's said: "Personal finance is 80% behavior and only 20% head knowledge." For some people, wiping out debt feels like flipping a switch. For Ramsey, it's the whole point. Read Next: In terms of getting money back, . Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O'Reilly and Rudy Giuliani are . This article Dave Ramsey's 'Shortest Call in Show History' Came From a 20-Year Listener With $211K Cash and a Mortgage — You Can Probably Guess What He Said originally appeared on
Yahoo
12-07-2025
- Business
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Dave Ramsey's 'Shortest Call in Show History' Came From a 20-Year Listener With $211K Cash and a Mortgage — You Can Probably Guess What He Said
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When you see a video titled "This Is the Shortest Call in Ramsey Show History," you expect chaos — a prank, a hang-up, maybe someone trying to sell Dave on Bitcoin. But this call wrapped up fast for one reason: the guy already knew the answer. Chad from Augusta, Georgia, finally dialed in after 20 years of loyal listening. His question was simple, but the stakes were high. "I have a mortgage just about ready to pay it off," Chad said. "I'm a real estate agent and... it's a big chunk. I think I'm there, but I'm looking for maybe a final confirmation." The man had $211,000 in cash and a $95,000 mortgage. He wasn't debating a new car or flirting with meme stocks — just wondering if he should write the check. Don't Miss: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. $100k+ in investable assets? – no cost, no obligation. Dave Ramsey didn't miss a beat. "Good Lord. Pay it off today," he said. "What are you doing? You don't need to think about this." And that was that. Even co-host John Delony didn't get a syllable in. The clip, posted to YouTube under its now-famous title, clocks in at barely a minute — and it's racked up over 1.3 million views. To be fair, unloading $95,000 in one shot isn't something most people do lightly. That's nearly half of Chad's liquid savings. The mortgage payments might be manageable. The market might look tempting. And with an unpredictable income like real estate, holding back a little cash can feel like a safety net. Trending: The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. But that's not how Ramsey rolls. "You knew what I was going to say," he told Chad. It was a mic-drop moment — not because it was surprising, but because it was so unapologetically Ramsey. No hedge, no hand-holding. Just facts and finality. Some viewers called the call "oddly satisfying." Others said it's why they've listened for decades: Ramsey keeps it simple and doesn't dance around what he believes. Of course, not everyone agrees with the math. If Chad had paid off the mortgage and invested the remaining $116,000 in an S&P 500 index fund at 7%, he could've earned around $8,120 in a year. A 5% CD? That's $5,800. Meanwhile, if his mortgage rate was 3% — a common figure from the past few years — he'd only be saving about $2,850 in interest. But Ramsey's never claimed to be chasing yield. His philosophy is emotional, not just financial. No payments means no stress, and no stress means freedom. As he's said: "Personal finance is 80% behavior and only 20% head knowledge." For some people, wiping out debt feels like flipping a switch. For Ramsey, it's the whole point. Read Next: In terms of getting money back, . Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O'Reilly and Rudy Giuliani are . This article Dave Ramsey's 'Shortest Call in Show History' Came From a 20-Year Listener With $211K Cash and a Mortgage — You Can Probably Guess What He Said originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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12-07-2025
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Houston man frustrated with brother, 59, still being 'bailed out' by parents — here's what Dave Ramsey thinks
It's a family scenario more common than you might think: one adult child leans heavily on aging parents for support, while another sibling feels caught in the middle — frustrated, worried and responsible. On a recent episode of The Dave Ramsey Show, a caller named Grant from Houston, Texas described just that. His 59-year-old brother had been relying on their parents for years, even as they reached their 80s. It was more than occasional help: His brother had two loans on his own home and had persuaded their elderly father to take out a home equity loan on his house to cover costs. 'He's always been a mooch,' Ramsey co-host John Delony said bluntly. 'He's always going to be a mooch and so talking to him is futile. It's a waste of time.' The caller admitted he felt angry at his brother but also uneasy confronting him. He worried about seeming unfair or overstepping. And as someone who'd agreed to be co-power of attorney with his brother, he felt deeply uncomfortable being legally tied to decisions that risked draining their parents' financial safety net. The show's advice was characteristically direct, but behind the blunt words was an important truth. The brothers' parents who continue to bail out adult children well into middle age aren't doing them any favors. Their core message: Sometimes real love means setting limits. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Ramsey urged the caller to skip trying to reform his brother. He argued that after decades of relying on others, change was unlikely without real consequences. Instead, he encouraged the caller to focus on his parents — having the hard conversation they'd been avoiding. Ask about their financial plan, the decisions that could jeopardize their own security and whether it's right to enable their son with support while seemingly shielding him from responsibility. Half of all parents with children aged 18 and older provide regular financial assistance to their adult offspring, according to a 2025 report. The average monthly support per adult child is $1,474, a roughly 6% increase from the previous year that totals nearly $18,000 annually. And often the support seems indefinite, with millennials up to age 44 getting significant help with rent, groceries, health insurance and mobile phone bills, the report found. Rising housing costs, student debt and a challenging job market have made launching into adulthood genuinely more complicated. Many parents want to give their kids a leg up. But when support goes on without clear expectations or end dates, a bridge becomes a crutch with real consequences. Parents who prioritize their adult children's expenses over their own needs may sacrifice their retirement security. They may have to work longer, reduce their lifestyle in old age, or even rely on those same children later on. For families grappling with this dynamic, balancing compassion with self-preservation is crucial. It starts with open, sometimes uncomfortable conversations. Parents need to be clear about what they can afford. Supporting an adult child isn't automatically wrong, but it has to fit within a sustainable plan. Read more: Americans are 'revenge saving' to survive — but millions only get a measly 1% on their savings. Ramsey's advice also touched on the tricky issue of power of attorney. The caller had agreed to share that responsibility with his brother, the very person he didn't trust financially. Ramsey warned that arrangement was a recipe for conflict. His suggestion? Don't agree to something that makes you an accomplice to a bad plan. 'You're not helping them [by joining with the brother as power of attorney],' Dave Ramsey told the caller. 'You're just another enabler in this story.' And what about talking to the dependent sibling? That can be even harder. Ramsey acknowledged the emotional messiness here. The caller loved his brother but felt disrespected by his choices. Ramsey advised viewing the brother with clear eyes — not demonizing him, but recognizing his struggles. He even suggested that in person, the caller might say, "I know that Dad's propping you up and keeping you going. I don't like it but I'm not involved.' That's the tension many families face: wanting to help but needing to be honest about limits. Enabling is easy in the short term because it avoids conflict and guilt. But in the long run, it can create dependency and resentment that damages families even more. Parents who want to avoid this trap can start by setting clear expectations. Define what support looks like, how long it lasts and what steps the adult child will take to regain independence. Talk openly about their own financial needs, including retirement plans and medical costs. This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Here are the 6 levels of wealth for retirement-age Americans — are you near the top or bottom of the pyramid? Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Money doesn't have to be complicated — sign up for the free Moneywise newsletter for actionable finance tips and news you can use. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
